HomeIndiaFrom Kitchen To Bank Account Many Changes From 1st December

From Kitchen To Bank Account Many Changes From 1st December

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From Wednesday, December 1, there have been changes in the prices of financial transactions and many essential things, which can directly impact your pocket. These changes are related to the Aadhaar-PF link, home loans and bank offers etc. On the first of every month, some new rules apply, or the old rules are changed. Let us tell you what has changed today on December 1?

Gas price hiked

Commercial gas cylinder has become costlier by Rs 100 from December 1. This may not be directly related to your kitchen, but the increased cost of hotels, restaurants, caterers and other business establishments will affect your budget somewhere. After this increase made by the Indian Oil Corporation (IOC), the price of 19 kg cylinder in Delhi has gone up to Rs 2101.

Jio prepaid expensive

The country’s largest telecom operator Reliance Jio has implemented its increased prepaid rates from December 1. Jio has increased the prices of many of its plans with validity from 24 days to 365 days. Earlier, Bharti Airtel and Vodafone-Idea had also increased the costs of their tariffs. Jio prepaid customers will now have to pay up to 21 per cent more for calls and data.

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Matchbox price hiked

After about 14 years, the price of matches has also increased. The Match Industry Associations have decided to increase the price of a matchbox from Re 1 to Rs 2 from December 1. The last time matchstick prices changed was in 2007. Then its price was increased from 50 paise to 1 rupee.

Home loan interest

LIC Housing Finance had offered an affordable rate of interest of 6.66% on home loans as part of its festive season offer. Its term expired on November 30. That is, from December 1, LIC’s loan has become expensive. However, such offers of most companies and banks will continue till December 31.

The savings account also hit.

Punjab National Bank (PNB) has cut savings account interest rates from December 1 2021. The interest rate for savings funds less than Rs 10 lakh will be 2.80%, while the interest rate for a balance above this will be 2.85%.

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PF Aadhar Linking

The last date for linking the Universal Account Number (UAN) of PF with Aadhaar was November 30. If you have failed to do so, then the money of PF deduction may not be deposited in your account, and you may not be able to withdraw cash from the account further. In such a situation, it would be better that you immediately contact your office’s Finance Department or PF Office.

Life certificate last date

For those who fall under the category of pensioners, the last date for submission of life certificates was November 30. Those who have not done so may stop getting a pension after December 1. In such a situation, they should immediately contact their respective department.

SBI credit cards expensive

Shopping with State Bank of India (SBI) credit cards has also become expensive from December 1. Now you have to pay a processing fee along with interest. The Cards department of SBI has implemented a processing fee of Rs 99 plus tax on all EMI shopping transactions.

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Akash Kumar Mishra
Akash Kumar Mishra
Akash Kumar Mishra is the CO-Editor at Spot News 18. He is very passionate about His Work and Loves to Write about Technology Topics.

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